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Opposition To U.S. Online Sales Tax Waning



2:21 pm on Jul 16, 2012 (gmt 0)

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Opposition To U.S. Online Sales Tax Waning [online.wsj.com]
Republican governors, eager for new revenue to ease budget strains, are dropping their longtime opposition to imposing sales taxes on online purchases, a significant political shift that could soon bring an end to tax-free sales on the Internet.

Conservative governors, joining their Democratic counterparts, have been making deals with online retail giant Amazon.com AMZN -0.97% to collect state sales taxes. The movement picked up an important ally when New Jersey Gov. Chris Christieówidely mentioned as a potential vice-presidential candidateórecently reached an agreement under which Amazon would collect sales taxes on his state's online purchases in exchange for locating distribution facilities there.

Mr. Christie called taxation of online sales "an important issue to all the nation's governors" and endorsed federal legislation giving all states taxing authority.


1:55 pm on Aug 22, 2012 (gmt 0)

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The only way to legitimately overturn a supreme court ruling is:
1. The Supreme Court reverses itself. The Supreme Court has shown no interest in this issue. Future courts typically follow prior decisions. This is known as stare decisis. This allows citizens and business owners to make decisions based on the assumption that what has been decided will continue in the future.

2. Congress can pass a bill that is then passed by 3/4 of the states legislatures. An amendment is then added to the constitution. The last time this happened was 1971 when the voting age in all states was set at 18.
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